Description
Book SynopsisHere is a vivid account of global economic development at a time of extraordinarily rapid change. Barbara Ward, the well-known economist, delivered the Falconer Lectures at the University of Toronto in 1963. In them she makes an expert and timely assessment of the role that the West must assume in order to make effective use of the astonishing plenty which is concentrated today in the control of less than 20 per cent of the world's population.
In the first part of the book Miss Ward deals with growth in the developed economy, describing the course of European economic development from Ricardo and Malthus through Karl Marx to Jean Monnet; within a brief compass we are given a brilliant and exciting account of this progression of events, with a lucid exposition of the way that challenges have been met and the economy kept moving. The author assesses the role of the extension of the franchise and the growth of trade unionism in the creation of the first mass market, and goes on
